Western Australian Consolidated Acts

GAMING AND WAGERING COMMISSION ACT 1987 - SECT 9

9 .         Funds of Commission; financial provisions

        (1)         The funds available to the Commission consist of —

            (a)         moneys from time to time appropriated by Parliament; and

            (b)         interest accrued under subsection (6) or moneys otherwise lawfully received by, made available to or payable to the Commission.

        (2)         An account called the Gaming and Wagering Commission Account is to be established —

            (a)         as an agency special purpose account under section 16 of the Financial Management Act 2006 ; or

            (b)         with the approval of the Treasurer, at a bank as defined in section 3 of that Act,

                to which, subject to subsection (2a), the moneys received by the Commission are to be credited.

        (2a)         The credit of moneys under subsection (2) is subject to the payment —

            (a)         into the Consolidated Account in accordance with the scheme referred to in section 7(1)(ea); or

            (b)         under section 110A(5),

                of any amount received by the Commission in respect of bookmakers’ betting levy.

        (3)         The Gaming and Wagering Commission Account shall —

            (a)         be controlled by the Commission; and

            (b)         be operated in such manner as the Treasurer approves from time to time; and

            (c)         subject to subsection (4)(a) and (c) and section 110A(5), be applied only for the purposes of the Casino Control Act 1984 , the Betting Control Act 1954 and this Act,

                and all expenditure incurred by the Commission shall be drawn from that Account.

        (4)         There shall be paid from the moneys from time to time credited to or placed to the credit of the Account —

            (a)         the cost of administering this Act, and any other written law relating to gambling in so far as it is administered by the Commission; and

            (b)         any other expenditure lawfully incurred for a purpose determined by the Commission and approved by the Minister; and

            (c)         any surplus moneys required by the Treasurer with the agreement of the Minister to be credited to the Consolidated Account.

        (5)         The Commission shall pay to the Treasurer such amounts, if any, as are fixed by the Treasurer —

            (a)         as the interest and sinking fund contributions for each financial year in respect of such proportion of the Consolidated Account as is, or has been, applied for any purpose to which the function of the Commission relates; and

            (b)         for the use by the Commission of government buildings or other government property, or for services rendered or facilities provided by any officer of the Public Service, the Police Force, or an instrumentality or agency of the Government,

                and such amounts shall be taken to be costs incurred in the administration of this Act.

        (6)         The Commission may, subject to the approval of the Treasurer, temporarily invest moneys standing to the credit of the Account until those moneys are required for the purposes of the Commission.

        [Section 9 amended by No. 6 of 1993 s. 11 and 15; No. 49 of 1996 s. 55 and 64; No. 24 of 1998 s. 34(1) and (2); No. 35 of 2003 s. 128 and 166; No. 28 of 2006 s. 402; No. 77 of 2006 s. 4 and Sch. 1 cl. 71(1).]